HORIZON NEWS - 05.06.2018

Wylfa Newydd confirmed as UK’s next nuclear new build project - Discussions with UK Government move to next phase

Horizon Nuclear Power has welcomed the UK Government’s announcement that discussions for its lead site, Wylfa Newydd, will progress to the next phase. The move confirms the development on the Isle of Anglesey in North Wales as the next project in the UK’s nuclear new build programme.

Formal negotiations with the UK Government will now commence, with a joint focus on ensuring Wylfa Newydd represents good value for consumers.

Duncan Hawthorne, Chief Executive Officer at Horizon, said: “This announcement is fantastic news for Anglesey, the nuclear industry, and Horizon, as well as a clear signal of the Government’s commitment to delivering a low carbon future for the UK.”

“Building on last year’s regulatory acceptance of our tried and tested reactor technology, it shows real momentum behind the project which will bring huge benefits everywhere from Anglesey to Wales and the UK and Japan. Our focus now is to ensure we continue to deliver on our key project milestones as we move towards construction.”

Horizon Nuclear Power was formed in 2009 to develop new nuclear power stations in the UK. It was acquired by Hitachi, Ltd. in November 2012. The company is developing plans to build at least 5,400MW of new nuclear power generation plant at Wylfa on the Isle of Anglesey and Oldbury-on-Severn in South Gloucestershire. Its power station sites will employ up to 850 people each once operational with construction workforces of up to 9,000.